{"data":{"id":"us-gu/18-gca-28725","jurisdiction":"us-gu","citation":"18 GCA § 28725","heading":"Discontinuance or Settlement.","body":"A derivative proceeding may not be discontinued or settled without the court’s approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation’s shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.","path":["Title 18: Business Structure and Function","Division 1 - Business Structure","Part 5 - Guam Business Corporation Act","Chapter 28: Guam Business Corporation Act","ARTICLE 7: SHAREHOLDERS","SUBARTICLE A: DERIVATIVE PROCEEDINGS"],"source_url":"https://col.guamcourts.gov/sites/default/files/18gc028.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:55:38Z","sha256":"b8f315d94f71ae4456fe7265feaf30bcc2c762423fde93d2b739a1ee50e4428b","source_id":"us-gu","stale":false,"prev":"us-gu/18-gca-28724","next":"us-gu/18-gca-28726"},"notice":"GroundRules: Original legal text. Not legal advice."}